Image transcription textA lumber mill bought a shipment of logs for $44,000. When cut, the logs produced 1,000,000 board feet of lumber in the followi

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Image transcription textA lumber mill bought a shipment of logs for $44,000. When cut, the logs produced 1,000,000 board feet of lumber in the followi
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A lumber mill bought a shipment of logs for $44,000. When cut, the logs produced 1,000,000
board feet of lumber in the following grades. Compute the cost to be allocated to Type 1 and Type
2 lumber, respectively, if the value basis is used. (Do not round your intermediate calShow more
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